A contingency fee is a payment to a personal injury lawyer only in the event of a favourable result. It is made up of a percentage of the eventual settlement as determined by a retainer agreement, signed between the injured victim and their personal injury lawyer(s). Contingency fee agreements are the most common legal fee agreement used by personal injury law firms in Ontario, including The Morris Law Group.
The benefit of contingency fee agreements is that they allow injury victims who cannot afford to pay upfront legal or out-of-pocket medical fees the same opportunity to seek justice for their injuries starting with a free no-obligation consultation all the way to a positive resolution.